Egypt Chaos Pushes Oil to 3-Year Highs

Bloomberg reports
that Brent crude prices topped $103 a barrel today. Brent crude is the
benchmark for two-thirds of the world’s oil supply.

Global oil markets are clearly concerned about escalating troubles in
Egypt, Jordan, Tunisia, Yemen and a handful of other Middle Eastern
countries.

The potential for supply disruptions is the catalyst for sustained “triple
digit oil” we

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